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Mark2111 Avatar
2y, 8m agoPosted 2 years, 8 months ago
The founder of Poundland is planning to open the Britain's first online single-price retailer, which he hopes will be up and running within the year.
Steve Smith, who opened his first Poundland store in 1990 with the help of a £50,000 loan from his father, has now bought the domain Poundshop.com.
The businessman, who sold his share of Poundland for nearly £50m in 2002, however could face competition from his former business, which is also reportedly preparing to open a website.

The 51-year-old told Retail Week customers would have to pay a delivery cost of about £3, which he compared to transport and parking costs for high street shoppers.
He said: 'People are used to delivery costs. My challenge is to make sure it works out cheaply for the customer.'
According to reports, Mr Smith had thought about a £42 minimum order value for customers, but this is likely to reduced to about £23 following market research.

He is also considering a 'click-and-collect' system which would allow customers to pick up their goods at other stores and shopping centres.

I think he will do well although we might have a few neighbours curtain twitching at the PoundShop lorry parked up outside when they deliver! ;)
Other Links From Poundshop:
Mark2111 Avatar
2y, 8m agoPosted 2 years, 8 months ago

All Comments

(11) Jump to unreadPost a comment
3 Likes #1
I think if you are going to have a minimum spend then the delivery charge should be scrapped. I'd rather go in to town and spend what I want than be forced to spend £23 and then be told I need to pay for delivery as well.
Great idea, hopefully there will be some discount codes available for free delivery or at least a min spend as Ross mentions. I guess if your purchasing from poundland you will probably be purchasing a number of items anyway per shop.
3 Likes #3
how much will everything cost
i had arranged a charabanc trip to wrexham for the 99p store sale but apparently the bargains are no longer 50p.

1 Like #6

Are shares £1 each?
should have bought that domain Poundshop.com and then sold it back for a million "****" oO
Already gone :|
TAKEN 99pstore.com TRANSFER//WANT TO GET IT? yer like any one will get that now

TAKEN 99pstore.co.uk TRANSFER//WANT TO GET IT? """"""""""""""""or this """""""""""""""""
Why isn't delivery £1?
Good idea, but delivery is too expensive at £3.65.

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